Taiwan’s MSI Computer Buys City of Industry Warehouse

Amid tariffs and an uncertain economic landscape, Taiwanese tech company MSI Computer Corporation is staking its claim in the Los Angeles area.

The Taipei-based firm paid Blackstone’s Link Logistics $65.2 million for a 200,000-square-foot property at 18045 Rowland Street in the City of Industry, Commercial Observer reported.

The warehouse was built in 1985, and has a new 4,735-square-foot office suite that was subsequently added by Link. The facilities come complete with 26-foot ceilings, 18 dock-high loading doors, two grade-level doors and a fenced yard with space for 60 trailers and 56 vehicles.

The sale should be seen as a sign of “ongoing demand for well-located industrial assets in a market where supply remains constrained,” Jason Chao, the CBRE broker who represented MSI in the deal, said in a statement to CO.

“Users are moving quickly to secure space, especially in core submarkets like the San Gabriel Valley,” he added. “This is part of a greater trend we are seeing in the market of users purchasing real estate across all size ranges, including institutional owners like Link, becoming more open to selling assets in Southern California, particularly older assets.”

The industrial market in the San Gabriel Valley ended last quarter with a 4.3 percent vacancy rate, according to L.A. Business First. Total availability rate fell to 6.2 percent from 6.3 percent.

The shell company received a $36 million acquisition loan from Taiwan’s CTBC Bank for the deal, according to property records filed in Los Angeles County.

MSI Computer Corporation is registered in the Cayman Islands as Micro-Star International (Cayman) Holding Company.The company has been incorporated in the island territory since 2001.

— Chris Malone Méndez